Cairn India Corporate Presentation July 2009 CAIRN INDIA LTD Corporate Presentation July 2009
Cairn India Corporate Presentation July 2009 3 Group Structure Cairn Energy PLC Listed on London Stock Exchange Non-exec Chairman Norman Murray CEO Sir Bill Gammell FD Jann Brown ExpD Dr Mike Watts FIIs Petronas 64.7% 90%…
Cairn India Corporate Presentation July 2009 4 Overview - Journey Since IPO Maximise recovery Maximise Identify Execute Rajasthan from Potential in new growth development production base Rajasthan opportunities Successful…
Cairn India Corporate Presentation July 2009 5 Overview - Cairn India Assets Rajasthan Exploration (RJ-ON-90/1) Total 13 blocks Cairn (Operator) 100% 2 Production Blocks Rajasthan Development Operated gross field production…
Cairn India Corporate Presentation July 2009 6 Overview - Transformational Growth 200,000 bopd Gross Increase in production Cairn India Gross: 200% production including Working Interest: 600% peak output from Mangala,…
Cairn India Corporate Presentation July 2009 7 Rajasthan Growing Reserves and Resource Base Total Basin Reserves and Resources The 3 MBA Fields 22 Other fields (inc Barmer Hill) Fatehgarh reservoir Ongoing work to…
Cairn India Corporate Presentation July 2009 8 Rajasthan Development Overview Shakti N-I-North Shakti NE Rajasthan: 25 discoveries Development Area-2 Awarded: Nov 2006 NC West Oil and Gas Area: 430 km2 N-I MANGALA 3,000…
Cairn India Corporate Presentation July 2009 9 Status of Mangala Development Revised Mangala FDP approved by GoI; includes pipeline, processing capacity of 205 kbopd 28 development wells drilled; 16 completed Train 1…
Cairn India Corporate Presentation July 2009 10 Rajasthan Integrated Evacuation Facilities MPT and Well Pads Mangala Processing Capacity: 205 kbopd Bhagyam 1 x 30 kbopd processing train: Completed & Ready Aishwariya 2 x 50 kbopd…
Cairn India Corporate Presentation July 2009 11 Rajasthan to Gujarat Pipeline 700 km with heating stations and Total Pipe Diameter storage terminals including insulation 790 mm (32) 30 heating stations with 1MW power…
Cairn India Corporate Presentation July 2009 12 Rajasthan Resources - EOR Chemical EOR Polymer and ASP Schematic Increased reserves Initial targeted EOR Better sweep efficiency 175,000 plateau production bopd Potential to…
Cairn India Corporate Presentation July 2009 13 Rajasthan Resources - EOR Analogue Fields Daqing - ASP Pilot Performance Analogue Field Performance Incremental Recovery, % ASP pilots in two large oil fields in China (Daqing…
Cairn India Corporate Presentation July 2009 14 Rajasthan Resources - Barmer Hill & Small Fields Barmer Hills Potential STOIIP 400 mmbbls Low permeability reservoir Further technical studies underway fracture stimulation…
Cairn India Corporate Presentation July 2009 15 Rajasthan Crude - Marketing India currently*: Imports: 2.4 mmbbls/day Bhatinda Panipat Produces: 680,000 bbls/day Exports: 400,000 bbls/day of product Rajasthan Mathura…
Cairn India Corporate Presentation July 2009 16 Rajasthan Crude - Summary GoI agreed to shifting of Delivery Point Commercial terms and Pricing negotiations for initial offtake concluded with GoI nominated buyers- IOC & MRPL…
Cairn India Corporate Presentation July 2009 17 Exploration - Platform for Future Major long term player Large proprietary database Experienced team Successful exploration over 10 years: Success ratio 40% Cairn Rajasthan…
Cairn India Corporate Presentation July 2009 18 Exploration - Ongoing Programme RJ-ONN-2003/1 VN-ONN-2003/1 GV-ONN-2003/1 GV-ONN-2002/1 2 to 4 wells Finish processing of Complete 550 km 2D Complete drilling 2D seismic. Decision…
Cairn India Corporate Presentation July 2009 20 Finance Cost Efficient Operations Production cost at Ravva and CB USD / boe Other Costs 7.22 7.14 Field Direct Opex 6.25 6.18 5.93 5.99 4.88 3.85 4.83 4.52 4.59 4.05 3.72 3.16…
Cairn India Corporate Presentation July 2009 22 Rajasthan Funding Estimated Costs USD billion Financed By USD billion 2008 and 2009 Cash available 0.4 Gross 2.0 (1st Jan08) Upstream 1.2 Cash flow from operation in 2008 0.2…
Cairn India Corporate Presentation July 2009 23 Engaging With The Community Strategic Intent: Proactive engagement with stakeholders Demonstrate leadership in corporate citizenship Partnering with communities through our…
Cairn India Corporate Presentation July 2009 24 Summary Rajasthan Focused on delivery and growth World class resource base Enhanced oil recovery potential Pipeline route allows access to multiple buyers Large volume on long…
Cairn India Corporate Presentation July 2009 25 Rajasthan - MPT Construction Progress Boiler Area Settling tank 09S0004AE00
Cairn India Corporate Presentation July 2009 26 Rajasthan - MPT Construction Progress Filter & Treated Water Tanks Separators Pipe Rack 09S0004AE00 2
Cairn India Corporate Presentation July 2009 27 Rajasthan - Pipeline Construction Work 09S0004AE00
Cairn India Corporate Presentation July 2009 28 Pipeline Construction Work 09S0004AE00